Daily Current Affairs 21st Jan, 2025: Your guide for daily General Knowledge Preparation
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This post contains important daily current affairs of 21st Jan, 2025. It includes all Major National, International, Business and Sports related current affairs of 21st Jan, 2025. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 21st Jan, 2025 Current affairs test.
Banking News
RBI Forms New Advisory Committee for Bank Licensing
- The RBI has constituted a Standing External Advisory Committee (SEAC) to assess applications for Universal Banks and Small Finance Banks.
- Chaired by former RBI Deputy Governor M. K. Jain, the committee includes five expert members.RBI Mandates Use of ‘1600xx’ Number Series for Transactional Calls
- To curb financial fraud, the RBI has directed banks to use the ‘1600xx’ numbering series for transactional calls and the ‘140xx’ series for promotional communications.
- This measure aims to enhance digital transaction security.Alok Kumar Agarwal Appointed CEO of Zurich Kotak General Insurance
- Alok Kumar Agarwal has been named Managing Director and CEO of Zurich Kotak General Insurance, succeeding Suresh Agarwal.
International News
Russia and Iran Sign Comprehensive Strategic Partnership Treaty
- Russian President Vladimir Putin and Iranian President Masoud Pezeshkian finalized a 20-year Comprehensive Strategic Partnership Treaty.
- The agreement, signed in Moscow, seeks to strengthen cooperation between the two nations in various fields.China Completes World’s Longest Expressway Tunnel
- China has successfully constructed the Tianshan Shengli Tunnel, the world’s longest expressway tunnel.
- This engineering marvel enhances connectivity within the Xinjiang Uygur Autonomous Region and is a significant boost to the Belt and Road Initiative (BRI).
National News
GOI Launches ‘Entity Locker’ for Efficient Business Document Management
- The Government of India has introduced a ew digital platform named Entity Locker, which builds upon the success of DigiLocker.
- This innovative tool aims to simplify the management and verification of business and organizational documents, promoting a secure and efficient digital governance system.
Statehood Day 2025 Celebrations in Manipur, Meghalaya, and Tripura - Manipur, Meghalaya, and Tripura commemorated their Statehood Day.
- The occasion marks their full statehood status achieved under the North Eastern Region (Reorganization) Act of 1971. The celebrations highlighted their unique cultures, histories, and contributions to India.
Flamingo Festival 2025 Wraps Up in Andhra Pradesh - The Flamingo Festival 2025 concluded on January, in Andhra Pradesh.
- Held at Pulicat Lake and Nelapattu Bird Sanctuary, the event emphasized biodiversity conservation and drew large crowds of bird watchers and photographers. State ministers credited Chief Minister N. Chandrababu Naidu for revitalizing the festival.
Defence News
India Successfully Tests ‘Bhargavastra’ Micro-Missile
- India has conducted a successful test of its indigenously developed micro-missile system, Bhargavastra.
- This advanced technology is designed to counter drone swarms and represents a major milestone in bolstering the country’s defense capabilities.
INS Mumbai Joins Multinational Exercise La Perouse 2025
- The guided-missile destroyer INS Mumbai is participating in the fourth edition of La Perouse, a multinational naval exercise involving nine nations.
- The event, which began on January 16, 2025, is being conducted in critical maritime corridors, including the Malacca, Sunda, and Lombok straits.
Business News
- Indian Economy Growth Projection Revised to 7% for FY25
- Moody’s has adjusted India’s economic growth forecast for FY 2024-25 to 7%, down from the previous fiscal year’s 8.2%.
- The revision reflects global and domestic economic slowdowns, alongside underperformance in key sectors.
- Similar trends have been reported by FICCI and the Asian Development Bank.
- Mudra Loans Record ₹3.39 Lakh Crore Disbursal in Q3 FY25
- Under the Pradhan Mantri Mudra Yojana (PMMY), ₹3.39 lakh crore in loans were disbursed during Q3 FY25, the highest since the scheme began in 2015.
- This milestone demonstrates continued support for small and micro enterprises.
Appointments News
- Sanjiv Ranjan Appointed Secretary General of IORA
- Shri Sanjiv Ranjan has been appointed Secretary General of the Indian Ocean Rim Association (IORA).
- A veteran diplomat from the 1993 Indian Foreign Service batch, Ranjan will soon assume his new role.
- Ambarish Kenghe Named Group CEO of Angel One
- Angel One has appointed Ambarish Kenghe as its Group CEO, effective March 2025.
- Kenghe’s expertise in fintech and e-commerce is expected to drive the company’s growth.
Ranks & Reports News
- India Becomes World’s 7th Largest Coffee Producer
- India now ranks as the world’s seventh-largest coffee producer, with exports doubling from $719.42 million in FY 2020-21 to $1.29 billion in FY 2023-24.
Agreements News
- ISKCON and Adani Group Partner at Maha Kumbh Mela
- The Maha Kumbh Mela has seen a collaboration between ISKCON and the Adani Group to provide nutritious meals to nearly one lakh people daily during the event.
- This partnership enhances food distribution at the 45-day spiritual gathering.
Science & Technology News
- Eastern India Gets First Astronomical Observatory
- The Union Ministry of Science and Technology has inaugurated Eastern India’s first astronomical observatory on Panchet Hill in Purulia, West Bengal.
- It joins five other observatories located in Ladakh, Uttarakhand, Rajasthan, Pune, and Tamil Nadu.
- This facility will advance astronomical research in the region.